Ghana has replaced South Africa as the largest gold producer on the African continent, which is no longer news for smart and important mining investors. Ghana s mining industry is almost all gold mining.
Ghana s gold production can be traced back to the colonial period, although the output was small at that time, until the 1970s and 1980s, Ghana began to open up mineral resources and carry out exploration work.
Today, several world s top gold giants have established gold mining bases in Ghana to participate in gold exploration and mining. These large gold mining companies include Gold Fields Limited, Toronto-based IAMGOLD Corp, AngloGold Ashanti Ltd., Golden Star Resources Ltd and Newmont Mining Corporation. Other important companies that are conducting gold exploration in Ghana include Adamus Resources Ltd., Xtra Gold Resources, African Gold plc, Perseus Mining Limited, Moydow Mines International Inc. and Pelangio Mines Inc.
Although Ghana s recent actions against illegal gold mining are in full swing, Ghana still leaves huge investment potential for legitimate gold investors. Some of the major gold mines currently operating in the country include:
As the top gold producer in Africa, Ghana has a considerable number of gold mines being mined or constructed. Other important mines include Bogoso Gold Mine, Prestea Underground Gold Mine, Ahafo Gold Mine and Damang Gold Mine.
From December 17, 2018, the government of Ghana officially lifted the ban on small-scale gold mining, allowing small-scale gold mining enterprises in Ghana that have been audited by the Ghanaian government and have full certificates to resume mining.
However, the Ghanaian government also emphasized that lifting the ban on small-scale gold mining is not lifting illegal gold mining. Any gold mining that is not approved by the Ghanaian government is illegal. The lifting of small-scale gold mining is only for citizens of Ghana. It is still illegal for foreigners to participate in small-scale gold mining.Get in Touch with Mechanic